David Saab, 30, had huge problems with his economy when he decided to play poker for a living back in 2005. It only took 3 years before he had made hundreds of thousands dollars from poker and lived a luxurious life at different casinos around the globe. The biggest cash in his poker career came at the 2008 Asia Poker Tour when he took home the Main Event for $280,000.
But everything came to an[...] Read more » Poker pro sentenced to 14 years in prison
Joined: Apr '09
Location: Portugal
Age: 44 (M)
Posts: 4827
This really isnt the year for Saab: looks like the car company is also strugling against bankrupcy. In the poker pro case, this seems one of those typical cases of trying to win money fast without working. Making it for poker is one thing, being involved in drug trafic is other completely different, that must be avoid. Oh well, who knows if he will find someone to play in prison, i just dont want to know the prize of the winner, or the cost for the looser. "This time, you catch the soap!"
Joined: Nov '09
Location: Canada
Age: 55 (M)
Posts: 2387
More bad press for the poker industry. The hopes of a few years ago that poker would shake its shady image are gone for at least a generation. When will the bleeding stop?
Joined: Apr '09
Location: Portugal
Age: 44 (M)
Posts: 4827
Posted by mahdrof: More bad press for the poker industry.
I don't know if this kind of news makes stains on poker industry. In this case, people will see it as a lonely case. In my opinion, its worst when news shows poker pros that makes mess in cheating scams to win more in the game. When watching that, people who could be thinking of joining online poker with real money will give many steps behind, perhaps even quiting the idea of depositing or playing.
Joined: Apr '09
Location: Australia
Age: 40 (M)
Posts: 6483
I know you're taking the piss a bit b1gfoot. But 14.6kg of cocaine is a lot in Australia. Over here cocaine sells on average around $300gram AND it's not unheard of for it to be around $400-$500 a gram either.
Drugs in Australia are priced completely different to EU/UK and even the USA.
Joined: Mar '08
Location: United Kingdom
Age: 44 (M)
Posts: 6714
I just seen in the Australian papers they claim, 6.5-8.5 mill LOL...., here it would be around 500-600k ($1mill'ish) and thats street! No wounder coke is rife here.
Joined: May '09
Location: India
Age: 37 (M)
Posts: 4873
dont know abt the rates of cocaine at my place, never tried it lol still 14.6 kilo is a lot, anyway he got what he deserved. but had he got away with it he def would have made big cash.
Joined: Apr '09
Location: Australia
Age: 40 (M)
Posts: 6483
Posted by Flippedchips: you got to be shitting me jess $300-$500 per gram thats fucking insane
Yeah. all drugs here are like that.. I don't take them any more, but I can tell you, pills (ecstasy) are around $25 these days, used to be $35-$40 a few years back, meth is any where from $500-$1000 a gram these days, pot is around $250 /ounce (single grams about $15-$20) - everything here is hyper expensive.. Only LOL is New Zealand is even more expensive
So yes ~15kg of coke is definitely a few mil over here if sold right.
Joined: May '11
Location: Canada
Age: 61 (M)
Posts: 15
So that would mean $ 35 - $ 40 for a gram of coke, B1gfoot ??? I have yet to find that place in the U.K. In fact never heard of it for that kinda price. Where is this place.....?
Joined: Apr '09
Location: Australia
Age: 40 (M)
Posts: 6483
Posted by FreewayJam: So that would mean $ 35 - $ 40 for a gram of coke, B1gfoot ??? I have yet to find that place in the U.K. In fact never heard of it for that kinda price. Where is this place.....?
he probably means if you sold the whole lot in bulk; one sale.
Although, interestingly, the way they work out the "street price" of drugs is total BS to create big media stories. It is generally like this:
let's say you have 1kg of coke and it get sold like this
4 * 250g @ $20,000 ea (total $80K)
then each of those packets are sold on:
20 * 50g at $5k ea ($100K)
then
1000 * 1g at $200 ea ( $200K)
They would then say the street price is:
80K + 100K + 200K
== $380K
Even though the original quantity only sold for $80K and even by selling it at its smallest quantity size it only netted $200K, somehow, magically, the street price is then rounded up to say $400K. And that is how its worked out.
Joined: Mar '08
Location: United Kingdom
Age: 44 (M)
Posts: 6714
Posted by FreewayJam: So that would mean $ 35 - $ 40 for a gram of coke, B1gfoot ??? I have yet to find that place in the U.K. In fact never heard of it for that kinda price. Where is this place.....?
No around $70-$80, or £40-50 , street not bulk, I must admit I am yet to find that place in the UK that will take $ But if you are searching for coke, why not go to Colombia, you could pick it up for as low as $2 a gram, at that price you can sprinkle it on your cornflakes.
Joined: Apr '09
Location: Australia
Age: 40 (M)
Posts: 6483
Posted by B1gfoot:
Posted by FreewayJam: So that would mean $ 35 - $ 40 for a gram of coke, B1gfoot ??? I have yet to find that place in the U.K. In fact never heard of it for that kinda price. Where is this place.....?
No around $70-$80, or �40-50 , street not bulk, I must admit I am yet to find that place in the UK that will take $ But if you are searching for coke, why not go to Colombia, you could pick it up for as low as $2 a gram, at that price you can sprinkle it on your cornflakes.
Thing is going to a place like Colombia, even Mexico for that matter, there would be PLENTY of shall we call them 'sharks' waiting for the white 'fish' to come with his money and be plenty happy to separate one from the other and not necessarily by providing any substance either..
I think there are local prices in countries like that for people who live there, but I doubt tourists are likely to pick up grams for $2 without connections, fact is people would KNOW that white tourists are used to paying more and are prepared to pay more too.
